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Alamo News and New Products

Stellex Capital Management Enters into Agreement to Sell Morbark to Alamo Group

Stellex Capital Management, a middle market private equity firm, announced that it has entered into an agreement to sell Morbark LLC, a manufacturer of high-performance equipment and after-market parts for the forestry, recycling, tree care, sawmill, land clearing and biomass markets to Alamo Group for $352 million....

San Antonio OKs $450M Alamo Redevelopment Project

SAN ANTONIO (AP) The San Antonio City Council approved a $450 million redevelopment plan for the Alamo, marking a new chapter for the nearly 300-year-old site. The council voted for the proposal on Oct....

Alamo Academies to Add 2014 Track

The Alamo Area Academies Inc. board and the Alamo Colleges board of trustees approved addressing the emerging demand of heavy equipment technicians via a new academy track slated to begin classes in August 2014....

Bandit Industries To Be Acquired By Alamo Group Inc.

Bandit Industries announced that it has entered into a letter of intent with Alamo Group Inc. pursuant to which Alamo Group would acquire Bandit Industries. The acquisition contemplated by the letter of intent has received regulatory approval under the Hart Scott Rodino Act....

JLG Industries Sells Gradall to Alamo Group for $39.4M

Gradall has been sold to the Alamo Group Inc. The $39.4-million sale by JLG Industries Inc., which had owned Gradall since 1999, was announced at an employee meeting at the plant Feb. 3. Alamo becomes the ninth owner of Gradall excavators — generally recognized as the world’s first hydraulic excavator and now the only excavator manufactured entirely in the United States....

ASADV Holds 33rd Annual Awards Banquet at Talamore

The American Subcontractors Association of Delaware Valley (ASADV) held its 33rd Annual Awards Banquet on Nov. 9, 2002, at Talamore at Oak Terrace. There, ASADV members chose this year’s honorees and honorable mentions: Superintendent of the Year Winner: Elmer Mills, HSC Builders & CMs, Exton Honorable Mention: Bill Schick, E....

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